2825 I-240 Service Road
Oklahoma City, OK 73159
American Freight - Oklahoma City, OK · Retail Property For Sale

SHOP Companies is pleased to offer qualified investors the opportunity to acquire an American Freight Furniture & Mattress property in Oklahoma City, Oklahoma (the “Property”). The Property consists of a former grocery store totaling approximately 32,044 square feet, including a 5,290-square-foot mezzanine, and is 100% leased under a newly extended six-year lease term commencing January 1, 2027. Significant capital improvements completed or underway in 2026 include a new roof, repaired or replaced HVAC systems, a repainted front façade, and a resealed and restriped parking lot. Landlord responsibilities are limited to the roof, foundation, exterior walls, and 50% of HVAC replacement costs. The lease includes one (1) five-year renewal option with an 8% rent increase.
The offering also includes a Lamar billboard lease extending through 2037, along with an additional parking area that may provide future utility or redevelopment flexibility (small pad user, ATM, etc.).
The Property occupies a prominent position along Oklahoma City's I-240 Corridor, one of the city's primary retail trade areas. Interstate 240 carries more than 114,000 vehicles per day and serves as the principal east-west artery across south Oklahoma City, providing excellent visibility and accessibility. The site is surrounded by established shopping centers, national retailers, and a dense concentration of commercial activity that continues to drive consumer traffic to the corridor.
The Property also benefits from proximity to several major economic and institutional anchors. It is located approximately five minutes from Oklahoma City Community College and nine minutes from Will Rogers International Airport. Additional nearby demand drivers include Oklahoma State University Oklahoma City and Mid-America Christian University, creating a steady presence of students, faculty, and workforce participants throughout the area.
Immediately west of the Property is Lariat Landing, a planned 1,000-acre mixed-use and industrial development adjacent to the airport that is already home to major employers including Amazon and SkyWest. The surrounding trade area includes a population of nearly 100,000 residents within three miles and more than 186,000 residents within five miles, supported by a daytime population exceeding 183,000 within five miles.
American Freight, a furniture and mattress retailer with more than three decades of brand recognition, is currently expanding through a licensing partnership with MAFGA. The initiative adds 31 locations and increases the brand's footprint to approximately 60 stores nationwide, with additional growth anticipated.